hikes, are the essentials resolution to the fiscal clough. the speaker used visual aids, this visual aid specifically to show how far government spending will be outpacing revenue in the years ahead, which makes utterly irrelevant the president's ultimate in on tax hikes. >> this line is that current baseline for revenue. here if the president got everything he wanted, over 1 trillion in taxes, this is what that would represent. but if you look at the spending problem you see it does nothing, nothing to solve the spending problem that our country as. lou: that very public demonstration of of flaw in the administration's fiscal logic leading to a public request from president obama. he called the speaker to the white house for a 5:00 p.m. out-of-public-review meeting and both men ffering no public discussion of their very private meeting. luckily no coincidence that it took place on this to my getaway day for the house of representatives and the senate. the lower chamber leaving washington for a long weekend before the meeting. meanwhile, the white house confirmed today that susan rice w

churches. homeowners told the mormons use state. steven disappeared. we need both of you. thank you for watching. lou: good evening, everybody. president obama and the house speaker said they would not negotiate the fiscal cliff in public, but it appears that the majority and the most meaningful of those negotiations have, in the sky taken place in publi today no exception with the speaker will have very public press conference demonstrating with unimpeachable clarity that spending cuts, not tax hikes, are the essentials resolution to the fiscal clough. the speaker used visual aids, this visual aid specifically to show how far government spending will be outpacing revenue in the years ahead, which makes utterly irrelevant the president's ultimate in on tax hikes. >> this line is that current baseline for revenue. here if the president got everything he wanted, over 1 trillion in taxes, this is what that would represent. but if you look at the spending problem you see it does nothing, nothing to solve the spending problem that our country as. lou: that very public demonstration of of

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